Located in New York, Fortress Investment Group is an alternative investment firm that operates globally and has offices around the country. Fortress Investment is currently one of the largest investment companies in the United States and they have been both a public and private company over the years. The company was originally founded in 1998 by three business partners, Randal Nardone, Wes Edens, and Rob Kauffman. At the time, the three men decided to start the company as a private equity. Peter Briger is another important member of the management team that was brought in just four years later after the company started.
Fortress Investment Group has assets ranging above forty billion dollars which they manage for hundreds of entities around the globe, most of which are private. Fortress specializes in asset management, real estate investment, private equity, and credit funds. Fortress is gaining more members every year and as of now, they have more than 900 employees working around the world at their business locations.
In 2014, Fortress Investment Group was named as Hedge Fund Company of the Year for their impressive growth every year. In 2017, Fortress Investment was noticed by Softbank, a multi-billion dollar corporation, for a sum of more than three billion dollars. Operations will continue as normal for Fortress Investment with Peter Briger standing as the company’s Chief Executive Officer. One of their biggest goals as an asset management firm is to continue expanding globally, which is why they also own a hotel chain that runs all over the country of Japan.
Fortress Investment Group was a private company for nearly nine years before going public, with the help of Peter Briger. This change was the tipping point for the company as they were able to steadily amass more than 1700 clients globally after going public in 2007.
About Fortress Investment Group: www.fortress.com/contact